Ivanhoe hits high grade at depth
Vancouver — The latest drill results from the Turquoise Hill copper-gold project have enhanced the prospects of mining the massive orebody that lies deep underneath the South Gobi Desert in Mongolia….
News
Wheaton River cashes-up
Looking to continue its recent shopping spree, Wheaton River Minerals (WRM-T) has arranged its second $100-million equity financing in a month by lining up a group of underwriters led by Griffiths McB…
Editorial Cartoon (September 29, 2003)
Time to put pressure on Cuba To lift the smokescreen
A dozen years since the Iron Curtain parted, the divide between the civilized world and Cuba — let’s call it the Smokescreen — remains in place. But we know that what lies behind it is an affront to…
Levack resurrection?
Having established a resource, partners FNX Mining (FNX-T) and Dynatec (DY-T) are studying the feasibility of resuscitating the historic Levack mine in Sudbury, Ont.Except for an 8-year hiatus in its …
Malartic Sud drilling delivers goods at Croinor (September 29, 2003)
An 81-hole drilling program by South-Malartic Exploration (MSU-V) is expanding the known mineralization at the Croinor gold deposit in northwestern Quebec.Drilling over a 680-metre strike length surro…
Exchange Rates (September 29, 2003)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateSept. 23Sept. 22Sept. 19Sept. 18Sept. 17US$ in C$…
Bullion pushes venture exchange higher
Vancouver — Canada’s junior exchange was buoyed by the strength of bullion during the week ended Sept. 23. The S&P-TSX Venture Exchange composite index tacked on 21.1 points, or 1.54% of value, to cl…
Twenty Years Ago / October 1983
Gold at crossroadsThe gold market has moved to a new crossroads. Its unprecedented 8-month-long ability to hold above US$400 per oz. has been shattered.Erasing most technical support points, gold fell…
JQA prospect shapes up for Canarc (September 29, 2003)
An 8-hole drilling program by Canarc Resource (CCM-T) at its Benzdorp property in east-central Suriname has defined a porphyry-style mineralized zone at the JQA gold prospect.JQA, one of a group of ge…
Cdn Royalties envisages open-pit mining at Mesamax
Ungava-Nunavik District, Que. — There is no huge gossan, just a few frost-heaved, weakly mineralized rustic boulders. In fact, it’s quite an unspectacular showing . . . but within a few metres of sur…
Producer and Dealer Prices (September 29, 2003)
Antimony: Mid-mkt US$2,250/t.Bismuth: Mid-mkt US$3.05/lb.Cadmium: Mid-mkt US$0.65/lb.Cobalt: Recent trades US$9.80-12.00/lb.Copper: Comex Dec. US$0.8295/lb.Indium: Indium Corp., ingot, US$180/k…